Judge denies stay order after plaintiffs argue against NAR deal

Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading

Countdown as firms not covered by NAR settlement face tough choice

Brokerages and MLSs have until 11:59 p.m. CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates. Continue reading

Confident in NAR settlement, Payload releases direct-to-buyer billing

Payload’s new tools give agents flexible ways to securely charge and claim funds from consumers that will emphasize flexible methods of payment, transparency, and brokerage-level oversight and reporting. Continue reading

Gitcha leverages proposed NAR settlement to bolster buyers

A new company called Gitcha has launched which prioritizes an active buyer’s needs in the same way a portal advertises available listings. It’s active in the greater Phoenix MSA, including Scottsdale. Continue reading

Will dual agency become common after NAR’s settlement?

Some believe more buyers will come to the table without agents. That could lead to fertile breeding grounds for the polarizing practice sometimes known as “double ending.” Continue reading

Commission disclosure platform aims to sidestep NAR, MLS rules

Nesthook claims it allows agents to “communicate commission amounts while remaining fully compliant with settlement requirements.” Whether it runs afoul of the new rules remains unclear. Continue reading

Bright MLS will allow sellers to offer concessions upon listing

In response to NAR’s proposed settlement, the nation’s second largest MLS will add data fields on June 11 allowing sellers to signal they’re willing to offer buyer concessions when they list a home. Continue reading

‘It’s an arms race’: How portals are adapting to the commission crunch

The upending of NAR’s cooperative compensation rule is a double-edged sword for Zillow and its rivals, experts told Inman. These are the tools and tactics they’re adopting to suit the moment. Continue reading

Veterans Affairs will suspend rule blocking vets from paying agents

Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process. Continue reading

How will buyers pay for your services post-settlement? Pulse

With plenty of ideas in the air and very little certainty, we want to know what you think. How will buyers pay for their agents in the future? Continue reading